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Friday, December 23, 2011

PEP: IZA CALSADO & CARMINA VILLAROEL ARE MOVING TO ABS-CBN!

After days of unconfirmed speculations about kapuso stars Iza and Carmina switching networks, reliable source from top entertainment site, Philippine Entertainment Portal, disclosed that the two equally talented actresses are about to become Kapamilya Talents! Below is a news scoop from Pep.ph:

"It‘s confirmed, Iza Calzado and Carmina Villarroel are moving to ABS-CBN. This came from an insider, who is also part of the film circuit."

Former representative Imee Marcos of Ilocos Norte on Friday asked the Securities and Exchange Commission to suspend GMA Network’s stock offering, claiming she is one of its major stockholders.

Marcos, the daughter of former president Ferdinand Marcos, questioned the shares owned by Gilberto M. Duavit and his family as stated in the prospectus and registration filed with the government regulator and the Philippine Stock Exchange.

Marcos said Duavit did not disclose “that the shares held in the name of the Duavits were merely held in trust for our client and her family, the same would constitute false misrepresentation.”

The final prospectus of the broadcasting giant indicated that the Duavits were one of the three major stockholders who would receive 28.35 percent of the firm’s total capital stock.

Among the documents submitted to the SEC were the affidavit submitted by Marcos and the sworn statement executed by Rolando Gapud in Hong Kong on August 1, 1987, indicating that Marcos had “gathered all the shares and prepared a listing” of former president Ferdi*nand Marcos’ “scattered” stock portfolio.

Other evidence presented by Imee Marcos included the list of the stocks owned by her father that were listed “as held by” and endorsed by Duavit and the corresponding original and photocopied certificates.

Also included was a letter to “Imee” signed by “Bibit” written on a pad with letterhead of “Assemblyman Gilberto M. Duavit.” Bibit is Duavit’s nickname.

“Definitely, this material information would affect the investment decision of an average prudent investor who has intentions of buying their securities,” Marcos said.

She has asked the SEC to reject the registration statement of the securities or revoke its ef*fectivity on the grounds that the issuer has made “false or misleading representation.”

The SEC said the listing of GMA Network shares would push through on Monday.

“Considering the late hour of the filing and the commission has already approved the registration of the shares for public sale—unfortunately—we cannot reverse our actions,” SEC Commissioner Juanita Cueto said.

However, the commissioner said the SEC still had to evaluate the documents and “sort out the issues.” Cueto said that questions of ownership are intra-corporate and “the court has the jurisdiction to settle the issue.”

correct info: Carmina is negotiating with abs-cbn ... now that her contract will be expiring at December 31,2011 ndi po sa February 2012 ... Iza Calzado will be doing a movie with star cinema .. but there are certain talks between iza and the management of abs... maaring magiging star magic si iza ngaun na pumanaw na ang ama nea na manager nea rin .... may source po ako sa abscbn ... from my friend working there